Website Disclaimer

This site and all information, content, materials and services included on or otherwise made available through this website are provided by Xfinite Technologies FZE and its affiliates/subsidiaries (hereinafter referred to as “Xfinite”) or its partners make no representations or warranties of any kind, expressed or implied, as to the operation of this website or the information, contents, materials or services included on or otherwise made available to you through this website, unless otherwise specified in writing. You explicitly agree that your use of this website is at your own risk.

To the full extent permissible by applicable law, Xfinite and its partners disclaim all warranties, express or implied, including, but not limited to implied warranties and fitness for a particular purpose. Xfinite and its partners do not warrant that this website; information, content, material and services included on or otherwise made available to you through this website. Xfinite and its partners will not be liable for any damages of any kind arising from the use of this website or from any information, contents, materials and services included on or otherwise made available to you through this website, including, but not limited to direct, indirect, incidental, disciplinary, and resulting damages:

• Usage or inability to use the website, service or content.
• Any transaction accomplished via the website or has been supported by it.
• Any dispute relating in a way to your visit to Xfinite resulting from error, misuse, or inaccuracy of service usage/contents.
• Unauthorized access or alterations in access or information.
• If you have in any manner violated or threatened to violate Xfinite’s intellectual property rights even if given notice to Xfinite.

1.  Responsible Individual

Hemal Shah and Vikram Tanna

2.  VA Standards

Responsible Individual shall take all the reasonable steps including, but not limited to, conducting relevant due diligence to ensure all Virtual Assets meet its VA Standards prior to, and at all times during, Xfinite providing any VA Activities in relation to such Virtual Assets.

Responsible Individual shall disclose Xfinite Virtual Assets (“VA”) Standards on its website in accordance with the Part VIII A of VA Standard set by VARA in its Market Conduct Rulebook.

• Responsible Individual shall regularly, and on an ongoing basis, assess relevant information to ensure that a Virtual Asset that Xfinite provides VA Activities in relation to continues to meet its VA Standards.
• Responsible Individual shall maintain all records relevant to such assessments for eight [8] years and provide such records for VARA’s inspection upon request.
• Responsible Individual shall set conditions under which VA Activities in relation to a Virtual Asset may be suspended, including where a Virtual Asset no longer meets its VA Standards. Responsible Individual shall have and implement all necessary operational procedures and controls in the event such conditions are met.
• Responsible Individual shall notify Xfinite and VARA as soon as possible after becoming aware that a Virtual Asset no longer meets its VA Standards and shall take such steps as VARA may direct to minimise any adverse impact on clients arising as a result. Further to which VARA shall have the right to require the suspension of a VA Activity in respect of any Virtual Asset upon reasonable grounds it deems appropriate.

3.  Save and except the above the following are the Material risks associated with Virtual Assets disclaimer

Xfinite cannot guarantee the value of Virtual Assets and does not provide such assurance. You acknowledge and agree that the value of Virtual Assets is highly volatile, and trading or holding them involves a significant risk of loss. The value of virtual assets can fluctuate rapidly and may even decline to zero. Additionally, virtual assets may not be transferable or liquid, and there may be instances of fraud, manipulation, theft, or loss. Please note that Xfinite never requests users to disclose their account passwords, online banking or ATM passwords, debit/credit card CVV numbers, or to make payments in person or via cash deposits or money transfers (including but not limited to Western Union, MoneyGram, etc.).

If you are not satisfied with our website, contents and services, you may choose to cease accessing the website as your only choice of denial.